Indian Cane Power Limited

Manufacturer and marketer of sugar, power, and spirits with multiple production units in Karnataka.

2002 | Davangere, Karnataka (India) | Active
Last Updated: November 17, 2024

Indian Cane Power Profile

Key Indicators

  • Authorised Capital ₹ 271.00 Cr
  • Paid Up Capital ₹ 171.06 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 952.82 Cr
  • Satisfied Charges ₹ 1,464.48 Cr
  • Revenue Growth 25.31%
  • Profit Growth -12.52%
  • Ebitda 0.36%
  • Net Worth 24.27%
  • Total Assets 6.97%

About Indian Cane Power

Indian Cane Power Limited (ICPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 March 2002 and has a history of 22 years and 11 months. Its registered office is in Davangere, Karnataka, India.

The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 271.00 Cr and a paid-up capital of Rs 171.06 Cr.

The company currently has active open charges totaling ₹952.82 Cr. The company has closed loans amounting to ₹1,464.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indian Cane Power Limited India are Revanna Vinaykumara as CFO and Ela Gupta as Company Secretary. Shamanur Mallikarjun, Arethol Niranjan, Subhash Pahuja, and Four other members serve as directors at the Company.

Company Details

  • Location

    Davangere, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01542KA2002PLC030187

  • Company No.

    030187

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2002

  • Date of AGM

    14 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture
Energy and Power
Chemicals and Materials

Who are the key members and board of directors at Indian Cane Power?

Executive Team (3)

NameDesignationAppointment DateStatus
Arethol Niranjan Country flag representing In Managing Director01-Apr-2013Current
Revanna Vinaykumara CFO06-Jun-2023Current
Ela Gupta Country flag representing In Company Secretary21-May-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Shamanur Mallikarjun Country flag representing In Director 10-Jan-2006Current
Subhash Pahuja Country flag representing In Director 22-Mar-2015Current
Prabha Mallikarjun Country flag representing In Director 01-Apr-2013Current
Premchand Country flag representing In Director 19-Oct-2016Current
Mallikarjun Shamanur Country flag representing In Director 01-Aug-2022Current
Shamanur Shivashankarappa Country flag representing In Director 09-Jan-2006Current

Financial Performance of Indian Cane Power.

Indian Cane Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.31% increase. The company also saw a substantial fall in profitability, with a 12.52% decrease in profit. The company's net worth Soared by an impressive increase of 24.27%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
25.31%
Revenue from Operations
25.05%
Total Assets
6.97%
Profit or Loss
-12.52%
Net Worth
24.27%
EBITDA
0.36%

What is the Ownership and Shareholding Structure of Indian Cane Power?

In 2022, Indian Cane Power had a promoter holding of 89.85% and a public holding of 10.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹952.82 Cr

Satisfied Charges

₹1,464.48 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 367.00 Cr
  • Others : 256.00 Cr
  • State Bank Of India : 125.00 Cr
  • Canara Bank : 110.22 Cr
  • Bank Of India : 70.00 Cr
  • Others : 24.60 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024State Bank Of India₹125.00 CrOpen
22 Dec 2023Bank Of India₹45.00 CrOpen
25 Sep 2023Others₹40.00 CrOpen
29 Sep 2022Sbicap Trustee Company Limited₹225.00 CrOpen
17 May 2022Canara Bank₹72.00 CrOpen

How Many Employees Work at Indian Cane Power?

Indian Cane Power has a workforce of 1263 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indian Cane Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indian Cane Power's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Indian Cane Power

Recent activity within the organization

  • Director Appointment

    Ela Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 21 May 2024 & has been associated with this company since 8 months 11 days .

    21 May 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 125.00 Cr with Charge ID 100919852 was registered on 22 Mar 2024.

    22 Mar 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 45.00 Cr with Charge ID 100852734 was registered on 22 Dec 2023.

    22 Dec 2023

  • Annual General Meeting

    Indian Cane Power Limited last Annual general meeting of members was held on 14 Nov 2023 as per latest MCA records.

    14 Nov 2023

  • Charges

    A charge registered on 23 Aug 2022 via Charge ID 100611603 with Bank Of India was fully satisfied on 06 Nov 2023.

    06 Nov 2023

  • Charges

    A charge with Canara Bank of Rs. 72.00 Cr registered on 17 May 2022 with Charge ID 100580897 was modified on 31 Oct 2023.

    31 Oct 2023

Frequently asked questions

  • Indian Cane Power Limited was incorporated on 01 Mar 2002.

  • The authorized share capital of Indian Cane Power Limited is ₹ 271.00 Cr and paid-up capital is ₹ 171.06 Cr.

  • Currently 9 directors are associated with Indian Cane Power Limited.

    • Shamanur Shivashankarappa Mallikarjun
    • Arethol Sangappa Niranjan
    • Subhash Chand Pahuja
    • Prabha Mallikarjun
    • Premchand
    • Mallikarjun Samarth Shamanur
    • Revanna Vinaykumara
    • Ela Gupta
    • Shamanur Shivashankarappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indian Cane Power Limited is 627 Kalleshwara Rice Mills Compound Anekonda, India, Davangere, Karnataka, 577002.

  • The corporate identification number (CIN) of Indian Cane Power Limited is U01542KA2002PLC030187 and the company number is 030187 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indian Cane Power Limited is https://www.icpluttur.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indian Cane Power Limited has risen by 25.31%.

  • As Per 2023 financial reports, 1263 employees are currently employed by Indian Cane Power Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indian Cane Power Limited has experienced an upsurge of 24.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indian Cane Power Limited amount to ₹ 952.82 Cr.

  • The most recent Balance Sheet for Indian Cane Power Limited was filed with the ROC on 31 Mar 2023.

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